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In-House Perspective: Reality Check
As we welcome 2005, our corporate landscape is littered with the remnants of companies (including law firms) that failed to see the future and seize opportunities. Clients are already demanding change from their law firms. Unless you want to join the other fossils, it's time to change your ways.Attorney on 'Caperton' Leaves Buchanan Ingersoll for Reed Smith
David B. Fawcett, has left Buchanan Ingersoll & Rooney for Reed Smith's Pittsburgh office. Fawcett has a somewhat unique practice for a large-firm litigator, representing a number of big companies that are plaintiffs in business disputes, including in Caperton v. Massey Energy Co.Federal Circuit Kills Conflict Claim in IP Case
Thanks to the "thrust upon" exception to the so-called "hot potato gambit," the U.S. Court of Appeals for the Federal Circuit ruled Thursday that Townsend and Townsend and Crew could not be disqualified from a patent case. The hot potato gambit, explains the Federal Circuit, is when a law firm creates a conflict so it can drop a smaller client for a bigger one. The exception is when the conflict could not have been foreseen by the law firm.Associate pay cuts seen as permanent
A growing number of managing partners and management consultants say recent cuts in associate compensation aren't a temporary phenomenon.Lawyers are key in mortgage giants' rescue
As Tropical Storm Hanna slammed Washington with heavy winds and 6 inches of rain on Sept. 6, a team of lawyers working for Freddie Mac and Fannie Mae was hunkered down behind the closed doors of a mercifully dry Federal Housing Finance Agency conference room.It had been a slog to get there. Many of the lawyers, as well as the companies' financial advisers and directors, had raced in from New York that Saturday morning.First impressions: Leonard J. Kennedy
Personal: Kennedy grew up in New York City. His wife, Ellen, is a textile artist turned papermaker. The couple have two daughters-Julia, 12, and Emma, 9. When he isn't working, Kennedy is a practitioner and teacher of tai chi. He also is an avid reader of books on economics and financial history. He's on the boards of his daughters' school and the Appleseed Foundation, which uses the law to encourage social reform.Trending Stories
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